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Can You Get a Jumbo Loan With 5 Percent Down!
We Specialize and are Experts at 5% Down Florida Jumbo Mortgage Loans!
 
5% Down Jumbo Florida Mortgage Loan Financing Requirement
5% Down Payment & 95% loan to value for owner occupied. 15% Down Payment Investment Jumbo Mortgage Loans 65% loan to value. $3,000,000 maximum loan amount. $10,000,000 Super Jumbo Max loan amount. We offer competitive 15 & 30 Year Fixed and Adjustable Mortgage Rates. Have you been turned down for a Florida Jumbo Mortgage loan because;
You own too many properties. You have more than 10 properties with mortgages. Credit scores are a little too low. Foreclosure or a Bankruptcy over 4 years ago. Prior loan modifications. Borrower Jumbo Requirements
760 minimum credit score 12 months reserves (borrower’s own funds) 35% maximum DTI Minimum down payment of 5% (must be borrower’s own funds) 95% LTV/CLTV on loan amounts up to $1 million without mortgage insurance on a 1 unit, owner occupied purchase or rate and term refinance. If you don't meet the strict jumbo underwriting guidelines we can solve this by doing a conforming loan up to $424,100 and then do a Second Mortgage for the difference and this also eliminates the mortgage Insurance for Jumbo Mortgage Loans.
 
    
 
Eddie Hoskins
President Senior Loan Officer
877-424-4562
NMLS #238609
First Florida Financial Group, LLC
NMLS#239318
... more

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